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    Mixed-Use Property, Business Income Potential

    21 2nd Avenue Long Branch, NJ 07740

    21 2nd Avenue, Long Branch, NJ, 07740
    $999,999
    For Sale
    Claim this Listing
    $999,999

    COMMERCIAL - Long Branch, NJ

    Property Size2,342 SF
    Lot Size0.09 Acres
    Price / SF$426.99
    AddedMay 29
    Days on Market49
    Last RefreshJul 16 at 5:06 am

    Property Features for 21 2nd Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    Parking Lot, On Street
    Exterior features
    Display Window
    Standard status
    Active
    APN
    27-00287-0000-00004
    Size
    2,342 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6375

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    2
    Flooring type
    Wood
    Building materials
    Shingle Siding, Stucco
    Roof type
    Shingle

    Listing agent Lucia Palmese

    Listing office Coldwell Banker Realty 335 Rte 9 S, Spring Lake, NJ

    Listing date May 29, 2026

    MLS# 22615917

    Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This mixed-use property offers an investment opportunity with 5 bedrooms and 4 full bathrooms, suitable for residential and commercial use. Hardwood floors are present throughout the property. The expansive layout allows for two potential rental units, suitable for generating passive income. The first floor features a fully operational business space, ideal for entrepreneurs or leasing for additional revenue. Private parking is available in the back. The property is situated in Long Branch, NJ, and has a lot size of 0.09 acres. The property size is 2342 square feet. It is located in Monmouth County, New Jersey. This property delivers flexibility and financial opportunity, allowing one to live, work, and earn all under one roof.

    Key Highlights

    • Built in 1910 with shingle siding and stucco exterior materials
    • Mixed‑use setup with a first‑floor, fully operational business space plus residential layout
    • 5 bedrooms and 4 full bathrooms

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $70.3k $30.00
    − Vacancy −$4.8k −$2.04
    EGI $65.5k $27.96
    − OpEx −$29.5k −$12.58
    NOI $36.0k $15.38
    2,342 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $514.5K
    $450.2K – $600.3K (±1% cap)
    NOI $36,015 @ 7.0% cap · market cap 3.60%
    Second Best
    Retail
    $477.5K
    $417.9K – $557.1K (±1% cap)
    NOI $33,428 @ 7.0% cap · market cap 3.34%
    Theoretical Best
    Office A
    $611.5K
    $535.1K – $713.5K (±1% cap)
    NOI $42,808 @ 7.0% cap · market cap 4.28%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Dental Office Law Firm Storage Facility (Bike/Boat/Book/etc) Store Auto Parts Store Gym & Fitness Center Barber Shop Veterinary Clinic Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile property with residential and commercial income opportunities.
    Where is this mixed-use property located?
    The property is located at 21 2nd Avenue Long Branch, NJ.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: Built in 1910 with shingle siding and stucco exterior materials; Mixed‑use setup with a first‑floor, fully operational business space plus residential layout; 5 bedrooms and 4 full bathrooms
    Contact an agent
    (732) 462-4242
    We can help!
    Contact an agent
    Lucia Palmese
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